Gold extends to near a record on new tariff threats – ING
Gold rose to a fresh record high following Trump's new tariff announcement. Gold is already up more than 10% year-to-date, having hit a series of consecutive record highs along the way. Tariff concerns that risk higher inflation and slower economic growth are spurring demand for safe haven assets like Gold,
Gold settled up 1.6% at a new record high, and silver rose 0.2%, snapping a three-session losing streak.
Traders pile into the precious metal as the single safe haven to withstand tit-for-tat tariff war.
Gold was shining bright on Monday morning, as investors monitored the tariff front for expected developments this week. The SPDR Gold Shares, an exchange-traded fund that buys physical gold, was ...
Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under ...
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
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Strategists at UBS on Thursday raised their 12-month forecast for the precious metal to $3,000 an ounce, from their long-held ...
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